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198 Victoria Street N

Port Hope, Port Hope

$1,220,000

Detached|Other
3 | 1 | 11
About this home

Rare offering of 300 by 160 foot plus potential development site in Port Hope. Located in a prime residential area, close to schools, shopping, medical and recreational facilities, this site offers multiple potential development options to the builder. The existing house and secondary structures would need to be removed and municipal approval of any development project required.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleOther
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,652
Lot Size162 ft x 303 ft
mls© NumberX12476384
Listed ByRoyal Lepage Proalliance Realty

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,245
Property tax
$304
Heat allowance
$150
Housing costs
$6,699 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $244,000
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$5,134 / mo
Cash down
$244,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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